Eurozone Inflation Steady At 1.5%

Eurozone inflation held steady in September, as initially estimated, final data from Eurostat showed Tuesday.

Inflation came in at 1.5 percent in September, the same rate as seen in August.

Inflation continues to stay well below the European Central Bank’s target of ‘below, but close to 2 percent’.

Month-on-month, consumer prices climbed 0.4 percent in September.

Core inflation that excludes energy, food, alcohol and tobacco, eased marginally to 1.1 percent from 1.2 percent in the previous month. Core inflation figure also matched the flash estimate published on September 29.
Source: RTT News